appreciation

The Truth About Loan Modification

by Jon Griffith Loan Modifications

When applying for a loan modification, be prepared to disclose your entire financial life to whomever is negotiating your modification.  If you try to do it, you will fail, unless you are persistent, or insane.  Some attorneys require $3000 up front retainers to even begin negotiating with the bank.  There is no guarantee that it [...]

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The Debate Continues: One User’s Opinion on Renting vs. Buying

by Jon Griffith Personal Finances

As with anything, there are pros and cons that change with every complicated variable involved.  The concept of buying being better than renting is relative to the context of each side of the equation at any given time.  No two situations are the same, but generally speaking, assuming certain conditions are already met, owning a [...]

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Leveraging Your Money to Get Rich Part III

by Jon Griffith Real Estate Finances

So how can I get stinking rich, not just rich? Well, you could still benefit from that profit of $420,000 if you had rented your home out and put someone else’s money to work for you.  But let’s think bigger now. Let’s say for the sake of argument, that you did have $200,000 in the [...]

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